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Filati Biagioli Modesto

presented by October Italy

€500,000

5.7%

36 months

B

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location

Location

Montale,Italy

activity

Activity

Industry

Presentation of the company

Created in 1992, Filati Biagioli Modesto S.p.A. is active in the Textile sector. The company, managed by Franca Biagioli, has 78 employees and is based in Montale (Italy).

The company’s main activities are:

  • manufacture of high quality carded natural yarns;
  • research and development activities aiming to highlight all the features of pure cashmere as well as the other noble fibres.

The company works with textile distributors and well known fashion companies.

Project Description

The company wishes to borrow 500 000 € over 36 months to finance the renovation of the production plant. This project will be realised by the end of the year.

This project is not covered by the Italian state guarantee.

Like all projects presented to private lenders on Lendix, it is co-financed with institutional investors, sophisticated investors and the management of Lendix, subscribers to the Lendix Fund.

The amount offered on the platform is limited to 245 000 €, in line with regulatory limits.

*The multiple of FCCR at 1,2 means that the company has a safety margin of 20 % relative to its ability to repay its credit maturities.

The expert opinion is given as an indication on the basis of the elements provided by the project holder and information from our databases (ModeFinance, Crif, Cerved). This opinion is only an element of reflection in the decision making of a lender to participate in the financing of a project.